Tag Archives: Superannuation General

Masterclass SMSF – Borrowing in SMSF – Careful with Apartments and Car Parks!

Last month we covered an overview of the Cans and Can’ts with Borrowing in an SMSF. CAUTION – However when it comes to apartments, be careful – get the facts BEFORE you commit! Several clients have found that when the … Continue reading

Posted in Masterclass SMSF, Super Tax, Superannuation General | Tagged , , , , , | Leave a comment

Basics about Super – Small Business Superannuation Clearing House (SBSCH) – How it can help Small Business

The Australian Tax Office (ATO) has a service called the Small Business Superannuation Clearing House, designed to help small business (with less than 19 employees) meet their super obligations as employers. Here is what the ATO site says – The … Continue reading

Posted in Basics about Super, Retirement Planning, Superannuation General | Tagged , , , , | Leave a comment

NEWS –Super Changes Passed in Parliament April 2017

Reporting at Advisor Voice – After receiving feedback from industry, the federal parliament has passed amendments giving effect to regulatory change, continuing the implementation of changes to superannuation that were announced by the Turnbull government in the 2016 federal budget. … Continue reading

Posted in News & Stats, Pensions / Income Streams, Retirement Planning, SMSF Info, Superannuation General | Tagged , , , , , , | Leave a comment

Basics about Super – Transition to Retirement TTR – How does it work?

A TTR (Transition to Retirement) is a method for topping up your income as you approach retirement. It helps you supplement your work income with a super pension, enabling you to work less or part-time. It is good to see … Continue reading

Posted in Basics about Super, Retirement Planning, Superannuation General | Tagged , , | Leave a comment

Masterclass SMSF – CGT Relief – Capital Gains Tax Superannuation exemption when moving excess pension over $1.6 mill. pension account cap by 1 July 2017

If you have more than $1.6 million in superannuation pension phase, and/or a transition to retirement income stream (TRIS) and you wish to continue from 1 July this year, you must reduce the pension balance down to the $1.6 mill. … Continue reading

Posted in Masterclass SMSF, Super Tax, Superannuation General | Tagged , , , , , | Leave a comment

CASE STUDY – George & Sue – Wanted to use SMSF to control and manage super by direct investments

George and Susan knew our financial advisor via referral from one of the advisor’s clients. George had experience with personal direct share investment in his spare time after his busy professional position that included interstate travel for a multi-corporate. Sue … Continue reading

Posted in Case Studies of Clients, Retirement Planning, Superannuation General | Tagged , , , | Leave a comment

NEWS – New Caps (max amounts) for Contributions before (Concessional) and after tax (Non-Concessional) from 1 July 2017

The ATO (Australian Tax Office) confirms the new max contribution amounts for the 2 major contributions methods – before (Concessional) and after tax (Non-Concessional) that begin form 1 July 2017. From the ATO site – Change to concessional (pre-tax) contributions … Continue reading

Posted in News & Stats, Pensions / Income Streams, Retirement Planning, SMSF Info, Superannuation General | Tagged , , , , , , | Leave a comment